HomeMy WebLinkAbout2286 19. Borrower's Right to Reinstate. Notss•itltstandiug Lender's acceleration of the sums sentred'{s}' this Jlurtgage. Bor-
ruvrer shall hasr the right u, pace any pn,cee•dings t,ry;un by d.rnder a, enforce this Murtylage diseuntiuuecf at auy time
prior to entry of a judgment enforcing this Mortgage iL• (a) Borrower pays Lender all runts which would Ix thou due under
this Mortgage, the Nute and notes srutriug Future Advances, if auy, had no acceleration ~xcurrrd: (b) liurtuwrr tares all
breadtes of auy other coyenauts ur agreements of Borrower contained io this Mortgage; (c) &,tross•rr pays all rrasuuable
ex},enses incurred by l.endrr in enforci~tg the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but ant limited to, reasonable attorney's tees; and
(d) Burrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Leader's interest
in the Property and Borrower's obligation to pay the sutras securcYl by this Mortgage shall continue uuimpain•d. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force :uul effect as if
no acceleration had occurred. •
Z0. Astugnmeat o[ Reno; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to
Lender the rents of the Property, proyidcYl that Borrower shall, prior to acceleration under paragraph 18 here•r,f or abandon-
ment of the Property, have the right to collect and retain such rents as they beu,mr due and payable.
Upon acceleration under paragraph 18 hereof or abandonment o[ the Property, Lender shall be entitled to have a re-
ceiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Prop-
erty, including those past due. :VI rentscollected by the receiver shall be applied fire to payment of the costs o[ manage-
ment of the Property and collection oI rents, including, but not limited to, receis•er's fees, premiums un receiver's bonck and
reasonable attorney's tees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for
those rents actually t~teived.
21. Future Advances. Upon request by Borrower, Lender, at Lender's option within twenty years Irom the date of this
Mortgage, ma}• make Future :~dsances to Born,wer. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promisson• notes stating that said notes are secured hereby. :fit no time sh:cll the principal
amount of the indebtedness secured by this ~lurtgage. not including sums advanced in accordance herewith to protect the
security o[ this Mortgage, exceed the original amount n[ the Note plus USS none
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorneyrs Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any,
which rosy be awarded by an appellate court.
Ix Wrrxt:ss ~~Vt{txr:oi••, 13ottttowett has executed this Alort
'
Signed, scaled and delirered ~ [I ~ cal)
in thepresence uf: _
~J j (Seal)
• - ----------(Seal)
_ (Seal)
oHio
ST.aTE OF ~X
G('~~~!~'r•OF 'Greene s'•
` ~ti:.~,~:~5?lepv_it~; instrument seas acknovyledged brtrsre me this 11~~ ciay of
~~;y':~~` • _ lg''19 by KENNETH H_ DURNBAiTC=H, a married man
~I~~ cun~ntission empires:' ~ -i y-19
ST.1TE OF FI.O R I D:\ BARt3ARA .t. fjttADt_EY, Notary PuWN
Cni'NTY nF ~ ss' In and for the State of Ohio
irly Commission Expires Feb. 14. 1979
The fY,regoing ittstnnnent w•as acknrnvledged before me this day of
1 ~ by and
t respccti~•eIJ•, -
Yrc•sidcnt and Secretary of
i
a corporation, on behalf of the corptration.
s
- r
i Xolan~ Fufilic
{seal) ~IJ• ronuuission expires:
,
i
i
z
~ _ (Space Relovr This Line Resened For Lender and Rernrdrr) ;
$ 52. 5f) Fla. Revenue Stamps Received S 70. UO in Payment of taxes due on
Cancelled on Original \otc.
c Class "C" Intangible Personal Property pursuant to
Chapter 131, Laws of Florida- :acts of 1971.
s
Tas Collector
a
s
r
;r
F
d
0
s
i
BtL'G!(~O1 r~GF2~~1 -
E
~ - J ~